Is your neighborhood zoned to be allowed to run an bed and breakfast?

This property in question is a 3 bed 2 bath.

In one particular neighborhood I can pick up several vacant lots, "abandoned" homes, and some SFR properties (which presently appear as though plotting an excruciating death for their occupants). 

Im really interested in buying a property, single family 3 bed 2 bath foreclosere.

In that room, they have a hot water heater in one corner, a washer & dryer in another corner, and in a third corner a bunk bed where two children sleep.Obviously, this is room is non conforming, although the property is legally three units.

My brother would like to live in the smaller unit (1 bed 1 bath) unit andwe rent out the larger one (3 bed 2 baths).

If that still doesn't work, then they'd look for slightly different homes and make adjustments based on square footage, # of beds/baths, garage, pool, etc.So my first advice is: find a realtor who knows the area, and get them to pull comps from the MLS  using the above approach (and not using an automated valuation tool).Only once you're fairly certain of the ARV are any of your other questions even worth considering. 

, now you are farther in the bed.

So a triplex consisting of all 1 bed 1 baths receives a bill of $39,588 (amortized over 30 years) and incurs a monthly bill of $93.00 but yet a SFR that has 3 bedrooms and 3 bathrooms is only subject to $15,000 (over 30 years) and a $41.00 monthly sewer fee.  

Now remember, the gentrification of Bed-Stuy didn't happen over night  but it happened gradually.